Summing up all the discussion the
objective of the report is achieved. This report is about the Steel industry analysis.
Now in this analysis there are following perspective, like the SWOT analysis,
PESTEL analysis plus the 5 porter forces is explained. The value chain analysis
of the steel industry is also developed by the porter which is useful for the manufacturing
sectors, and it is not used in all these cases for the value system, of sectors.
For the steel manufacturing, the value chain model is developed by using the integrated
steel plant by the five primary activities. Then the support activities are proposed
for the material management along with the infrastructures is explained.
Future
trends
The steel industries are increasing
day by day. The reason is that there is a lot of building that is manufactured
and also homes. Due to this demand of steel, some steel industries are a lot of
trouble and also in pressure. There is also another reason, and that is related
to the environmental condition. The steel industries are unable to give proper
efficiency. To overcome this drawback in this industry they must have to work
on future trends to improve the efficiency of the steel. For this, the world
steel association was involved in launching that steel in this industry that is
produced from seven leading steel producers. They work on makinga suitable
strategy for the other steel industries in the future.